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New Jumbo ARMs Send Credit Access Index Higher
The Mortgage Bankers Association credited an increase in the number of jumbo adjustable rate mortgage (ARM) programs in July for a slight increase in its Mortgage Credit Availability Index (MCAI). The index, which analyzes data from the AllRegs® Market
Large Banks Report Lower QM Effects than Other Banks
The Federal Reserve's July Senior Loan Officer Opinion Survey on Bank Lending Practices showed a continued easing of lending standards and terms for many types of loan categories amid a broad-based pickup in loan demand. Although many banks reported having
Disproportionate Foreclosure Distribution; Good Reviews for HAMP Mods
As it indicated in its "first look" at June mortgage performance data released last month, Black Knight Financial Services said today that the nation's foreclosure inventory - those mortgage loans in process of foreclosure - is disproportionately distributed
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...